(Finance) – TIM he informed that the Board of Directors met today under the chairmanship of Salvatore Rossi. During the meeting theChief Executive Officer, Pietro Labriola, illustrated the guidelines of the industrial plan 2022-2024, which will present to the Council on next March 2nd.
The Chief Executive Officer highlighted how it is It is necessary to undertake a path of transformation of offers and services to individuals and families and to develop services to businesses in the Cloud, IoT, Cybersecurity, leveraging the skills and widespread technological assets of the Group, as well as the strict control of costs and operating results. Furthermore, the Chief Executive Officer underlined thethe importance of ensuring an industrial growth prospect for the network infrastructure, which is stable and lasting in the interest of all stakeholders.
In this context, the Council decided at theunanimity to mandate the Chief Executive Officer to explore possible strategic options aimed at maximizing the creation of value for shareholders, with specific reference to the Group’s infrastructural assets, also through solutions that involve overcoming vertical integration.
The Council noted that the ‘ad ho’ Committee, designated for analyze the indicative and non-binding expression of interest sent by KKR & Co, is continuing its work with the financial advisors of the Committee itself to analyze the event and also compare it with the prospects of the Group and with the strategic alternatives intended to be considered within the framework of the plan.